Investors turned to Altcoins, which has the potential for positive returns. They began tracking the rise of coins like Dogecoin (DOGE) to identify the best-performing options. Rexas Finance (RXS) and Ondo, each priced below $5, along with Cardano (ADA), also showed growth.
Such a move would push DOGE to well above $0.3.
The official X account of Dogecoin has published a tweet debating an article which states that Bitcoin is not a meme coin.
US Treasury Secretary Scott Bessent discusses attacks on Elon Musk's Department of Government Efficiency and whether or not the idea of returning a portion of money found by DOGE to American citizens would be inflationary. He speaks on “Bloomberg Surveillance.
A jaw-dropping 100 million Dogecoin (DOGE), worth about $25.4 million, just landed on the world's largest exchange Binance. Not the usual pattern - lately, most big transactions have been withdrawals.
In a video on Wednesday, the popular YouTube channel More Crypto Online offered an analysis of Dogecoin's price structure, suggesting that the meme-inspired cryptocurrency could be on the cusp of a breakout or breakdown—provided it falls below critical support levels. The analyst's outlook centers around Elliott Wave counts, potential consolidation patterns, and pivotal price thresholds that could define Dogecoin's short-term trajectory.
A Dogecoin whale's recent decision to offload a whopping 100 million coins has set off severe investor concerns on Thursday. The crypto whale or large-scale investor, reflected a loss of confidence in the meme-themed asset primarily attributed to the current broader market volatility.
Dogecoin (DOGE) has been exhibiting potential for a breakout in recent days, fueled by positive market conditions and investor sentiment. Currently trading at $0.25, the meme coin is eyeing a crucial resistance level at $0.26.
According to prediction markets, Kalshi forecasts that the Department of Government Efficiency (DOGE) will cut 317,000 government employees in 2025. The agency has already fired thousands of government employees and offered others deferred resignation proposals.
Dogecoin is trading within a symmetrical expanding triangle pattern between $0.2403 and $0.2923, with technical indicators and historical patterns suggesting an imminent breakout as the price currently consolidates at $0.25.
Sen. Tommy Tuberville, R-Ala., discusses Democrats' resistance to DOGE on ‘The Evening Edit.
Ethereum $10k call has reignited market debates, with one high-profile trader declaring ETH could breach five figures this year if macro conditions align. Recent aggregator data places Ethereum at about $1,840, with a 24-hour volume of roughly $5.1 billion, suggesting ongoing appetite from institutions and retail investors.
Once more drawing attention in the crypto scene, Dogecoin (DOGE) has market researcher XforceGlobal speculating that the joke coin still has 10 times potential for a price increase. This optimistic forecast has attracted interest as investors consider whether DOGE may provide large returns in the face of continuous market swings.
Due to its resilience, Ethereum is raising hopes that it can avoid the daily chart's dreaded death cross formation. The 50-day moving average crossing below the 200-day MA, known as a death cross, frequently indicates bearish momentum and additional price drops.
The Dogecoin price is threatening a breakdown from its current support level, having been through two H4 retests. Crypto analyst UB revealed what to watch out for as the foremost meme coin continues to be range-bound in the short term.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Pepe (PEPE) price, the frog-themed memecoin, has seen a sharp decline, losing 40% of its value over the past month. After briefly touching $0.000028, the token struggled to maintain momentum and is now facing further downside risks.
Crypto markets are trending higher on Wednesday, driven by optimism around potential altcoin spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,045.95 +2.4% Ethereum (CRYPTO: ETH) $2,711.43 +3.5% Solana (CRYPTO: SOL) $168.94 +3.1% XRP (CRYPTO: XRP) $2.66 +7% Dogecoin (CRYPTO: DOGE) $0.2518 +2.4% Shiba Inu (CRYPTO: SHIB) $0.00001531 +2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 4%.
The crypto market is having a hard time gaining positive movement, and meme coins are particularly suffering. This has caused the price of PEPE to stabilize within a bearish region for an extended period. Also, on-chain metrics indicate a possible 20% drop in value because buyers couldn't overcome resistance levels.
A recent technical analysis of Dogecoin's price chart on the weekly candlestick timeframe has revealed a compelling outlook for the meme coin's long-term trajectory. According to the analyst, Dogecoin is currently the only meme coin capable of delivering a 5-10x return.
Dogecoin has once again dipped into oversold territory on its 4-hour chart on Tuesday, marking the most pronounced level of selling pressure since the sudden capitulation on February 3. During that episode, the price plunged to around $0.20 before rebounding by 45% within the same trading day—a move that underscored how quickly Dogecoin can rally from oversold conditions.
The Department of Government Efficiency (DOGE), a federal cost-cutting effort backed by President Donald Trump and founded by billionaire Elon Musk, reportedly has some discrepancies in its reported savings. According to its website, DOGE claims to have saved $55 billion in federal spending, but only $16.6 billion of that amount is accounted for, leaving $38.
Dogecoin struggles in a correction phase with declining price and network activity. Despite short-term bearish trends, DOGE maintains strong fundamentals with potential catalysts ahead.
According to on-chain analytics platform Glassnode, frog-themed cryptocurrency PEPE has seen a major deleveraging as Futures Open Interest across the meme coin sector has dropped significantly since their peaks.
Major news just broke out regarding the U.S. wing of the world's largest cryptocurrency exchange, Binance. In the last couple of years, the activity of Binance US, and the black-and-yellow exchange broadly, has been significantly shredded due to regulation and law enforcement implemented by the previous SEC administration.
A new study sheds light on the common phenomenon of cryptocurrency tokens experiencing sharp price declines after achieving all-time highs. The research identifies key factors contributing to both the rise and subsequent fall of popular digital assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Dogecoin price remains in a bear market after falling by 47% from its highest level in 2024, but a few catalysts may push it higher soon. Dogecoin (DOGE), the largest meme coin in crypto, was trading at $0.
Treasury Secretary Scott Bessent says the Department of Government Efficiency has found an estimated $50 billion in government savings in only a few weeks. Elon Musk, who runs DOGE, says he wants to reduce the deficit by $1 trillion.
Dogecoin (DOGE) is once again making waves in the crypto market. This time, it's due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle.
Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.
The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also gone through a topsy-turvy lately, sparking market concerns.
Dogecoin is gaining traction as ETF speculation grows. Could this be the next big move for DOGE investors?
A crypto strategist known for making timely altcoin calls believes that the top meme token Dogecoin (DOGE) is gearing up for a breakout surge. Pseudonymous analyst Bluntz tells his 316,700 followers on the social media platform X that DOGE appears to be carving a local bottom en route for a bullish reversal.
Rep. Tim Moore, R-N.C., weighs in on President Donald Trump and Elon Musk's interview on 'Hannity,' wasteful government spending, the president considering auto tariffs and the Senate's budget resolution.
PEPE's breakout hinges on overcoming resistance, with a surge forecasted if key levels hold.
Dogecoin (CRYPTO: DOGE) is the antithesis of the type of investment that legendary value proponent Warren Buffett tends to make. Chasing the crowd in hype-driven plays with no real fundamental value is the total opposite of his patient, farsighted, and totally grounded approach to buying stocks.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
The market condition has once again turned bearish, pushing several crypto prices down, including PEPE price. However, investors might as well consider these top cryptos in order to earn profits in the days to follow.
Dogecoin's price is exhibiting a Double Top pattern while trading at $0.25, with technical analysts identifying potential downside targets at $0.22 and $0.176-$0.18, although some contrary indicators suggest the possibility of a rebound.
The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.
Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550.
Technical indicators are pointing to a major breakdown of the Dogecoin price, as an analyst projects a decline to $0.2. This bearish prediction could be game over for Dogecoin, as the meme coin has formed a Double Top pattern, indicating that it may experience further downside pressure this quarter.
Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.
Dogecoin's latest price movement has stalled at a critical resistance level, preventing a bullish breakout above $0.28. As such, the meme coin is now back to battling to hold above support at $0.25.
The volatility surrounding PEPE's price makes its next move crucial - will it solidify its support?
The Dogecoin (DOGE) price is on the cusp of testing a key technical level that, depending on its reaction, could have a meaningful implication on its medium-term outlook. The post Dogecoin (DOGE) Price Approaches Key Technical Level – Here's Where Its Headed Next appeared first on Cryptonews.
Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas' Strategic Bitcoin Reserve proposal. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,100.04 -1.8% Ethereum (CRYPTO: ETH) $2,637.93 -3.7% Solana (CRYPTO: SOL) $166.02 -7.3% XRP (CRYPTO: XRP) $2.51 -5.5% Dogecoin (CRYPTO: DOGE) $0.2472 -4.3% Shiba Inu (CRYPTO: SHIB) $0.00001511 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%.
Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.